{"data":{"id":"us-vt/11c-v.s.a.-805","jurisdiction":"us-vt","citation":"11C V.S.A. § 805","heading":"Term of director","body":"(a) Unless the organic rules otherwise provide and subject to subsections (c) and (d) of this section and subsection 303(c) of this title, the term of a director expires at the annual members’ meeting following the director’s election or appointment. The term of a director may not exceed three years.\n(b) Unless the organic rules otherwise provide, a director may be reelected.\n(c) Except as otherwise provided in subsection (d) of this section, a director continues to serve until a successor director is elected or appointed and qualifies or the director is removed, resigns, is adjudged incompetent, or dies.\n(d) Unless the organic rules otherwise provide, a director does not serve the remainder of the director’s term if the director ceases to qualify to be a director.","path":["Title 11C: Mutual Benefit Enterprises","Chapter 008: Directors and Officers"],"source_url":"https://legislature.vermont.gov/statutes/section/11C/008/00805","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:24:27Z","sha256":"8c2a9cb397d989122e298b1d8dcc89481a2c3f2d1d29d40edf63fa94b571c108","source_id":"us-vt","stale":false,"prev":"us-vt/11c-v.s.a.-804","next":"us-vt/11c-v.s.a.-806"},"notice":"GroundRules: Original legal text. Not legal advice."}